CNH, Deere Announce Layoffs

Deere plans to lay off 42 workers in Waterloo, Iowa—the latest round of layoffs the farm equipment maker has recently announced.

The company told Waterloo workers last week that the layoffs are effective May 4, the Des Moines Register reported.

It will be the fifth round of layoffs at Iowa offices and plants since November, including 113 workers in Davenport in November, 23 Des Moines workers in December, and 57 workers in Davenport in January. The company also announced earlier this month that 105 Dubuque workers will be laid off in April.

Company spokeswoman Jennifer Hartmann said the latest layoffs are part of an effort to “become a leaner, more efficient organization.”

Deere has also laid off workers in Kansas and Illinois.

In related news, the Case New Holland plant in Fargo, N.D. is laying off 35 people.

The plant makes large tracked- and four-wheel-drive tractors for agriculture as well as wheel loaders for construction.

The plant employs about 620 people. A spokesperson said the layoffs are permanent and are the result of reduced demand in products manufactured in Fargo. She also the company did not foresee a need for additional layoffs.

Sources: The State, Inforum